Movement Mortgage — Company Relocating to Military Circle Mall
Governor of Virginia Terry McAuliffe announced that Movement Mortgage is going to relocate from their operations center at Virginia Beach to their former JCPenny store at Military Circle Mall situated in Norfolk, VA. Virginia competed against South Carolina, North Carolina, and Virginia for the spot. Once relocated, the firm will still retain the 550 jobs that they currently have, and even add 200 jobs in Norfolk.
Mayor Paul D. Fraim stated “We are pleased and excited to welcome Movement Mortgage to Norfolk. Movement Mortgage is one of the nation’s fastest growing mortgage companies, and will bring new energy to the Military Highway corridor, setting the tone for future redevelopment of Military Circle.”
The City of Norfolk worked with the Virginia Economic Development Partnership in order to secure the project. Governor McAuliffe approved a $600,000 grant from the Commonwealth’s Opportunity Fund to assist in the matter. As for the services to support the company’s employee training activities, as well as the funding, will be provided by the Virginia Jobs Investment Program.
The property is owned by the City of Norfolk, and it will be leased to Movement Mortgage.
Movement Mortgage was started back in 2008 while in the middle of one of America’s largest financial meltdowns in the nation’s history. Despite heavy challenges, the firm has been committed to being a Movement of Change within the mortgage industry, along within communities and in corporate cultures. The company’s goal is to have a long-term impact on the lives of those underserved within communities.
Note: The logo of Movement Mortgage was used in the article for the sole purpose of spreading information stated within the post. The website is not affiliated with the company in any way, and use of the aforementioned image does not have any commercial reasoning behind it.
Originally published at chicagomoving.wordpress.com on March 21, 2016.